It takes strength of character to start from scratch after 20 years at one of the world’s largest banks. But when Antonio Cacorino departed as head of investor clients at Citi in 2008, he knew he wanted to take a different approach. That desire for change was the core mentality behind StormHarbour, which he co-founded in 2009 as a boutique investment bank with a leaning towards the more skill-intensive end of the credit and fixed-income markets.
“We felt that an investment bank that had real content and purpose, rather than just a huge balance sheet, could address issues where larger banks would struggle with conflicts of interest, bureaucracy and the pressure of quarterly earnings reports,” says Mr Cacorino.
